GradRight, the World’s first AI-driven Edfintech platform connecting students, universities and lenders, has partnered with PhonePe, a trusted leader in digital finance, to extend its education loans services for Indian students.
GradRight primarily serves students from over 2,000 tier 2 and 3 towns and cities in India. These students typically have limited access to quality social networks, counselling and financing services. With this partnership, GradRight intends to deepen its reach and power a seamless financing services experience for PhonePe’s unmatched network of 530 plus million registered users across the country. Through this integration, students and parents can now conveniently access the GradRight platform within the PhonePe app and get education loans of up to Rs 2 crore with competitive interest rates starting from 9.25 per cent.
GradRight offers a variety of services beyond financing to empower all stakeholders in the international higher education ecosystem. It also helps students find the best-fit colleges and Programmes, universities to find and market themselves to the best-matched students, counsellors to help finance their students and insurers to offer customised health insurance plans, unique to each college and student requirements.